American Tower Corp (NYSE:AMT)

Leo E. Rishty, editor of Unique Situations, recommended Alcatel-Lucent (ALU) based on its new lightRadio wireless technology:

“Envision all of those [cell phone] towers disappearing and being replaced with a little box the size of a Big Mac hamburger box. Bell Labs, a wholly-owned subsidiary of Alcatel-Lucent, has developed such a product. It is known as LTE radio. They can be placed on the top of a light post or the top of any building (or on the side.) These little boxes are able to relay cell phone signals with less interference than the ugly 200-foot towers [where] cell providers are sharing the tower and creating interference and loss of signal. None of that is present in the Alcatel-Lucent lightRadio. Production of LTE radio is expected to commence shortly, and the product should be available in the early part of 2012. Alcatel-Lucent is a leader in mobile, fixed, IP and optics technologies, and a pioneer in applications and services. Alcatel-Lucent includes Bell Labs, one of the world’s foremost centers for research and innovation in communications technology. An investment in Bell Labs would be worth more than all of ALU. They have thousands of viable patents related to the telecom field, and more each day. I rate Alcatel-Lucent a Strong Buy with a conservative target of $4 to $5 a share.”

More smart phones and tablets are being registered. It doesn't matter what carrier they use - they all need a tower to push the signals.

American Tower has a competitive advantage over rivals like Crown Castle International based on infrastructure. As data usage grows, so will the corporation. Management is widely recognized as excellent. Finally, a REIT conversion will provide benefits for shareholders.

A compelling roadmap as they expand into Asia.

you can't have mobile phones without towers, therefore, this is a no brainer

The window for wireless is based on emerging technologies that can replace terrestrial wireles towers.

Althouth AMT's technology has been beat by a "box" style cell phone tower, I pick AMT for the short term, as demand should remain be strong until a switch to the new technology begins and becomes affordable

Cell usage is going to increase in other countries - replace thecomputer

This is the market leader and their position will be further enhanced when the REIT is completed. The financials support that future competition could be bothersome but not devestating in any way!!

As more people start to use smartphones, this company will increase by building towers for data transfer for these smartphones

From the U.S to India and worldwide markets demand more wireless towers every day. American Towers saw this need coming several yrs ago and started staking out positions worldwide to build towers to supply an ever growing need for this product. It is a fast moving industry with no end in sight. They are advancing to the next level of equiptment for future demand

Wireless technologies have only "begun to fight."

They control the towers that allow almost all mobile communications. Every company whether it's Verizon or ATT has to buy service from AMT's towers in order to be a company at all.

As personal communications and info delivery move to hand-held devices, cellular will become the new conduit...and it has to have broader distribution, with more coverage throughout the world. U.S. markets are just the icing on the cake...look at how fast the Third World leaped to this mode of communication, bypassing landlines.

Strong eye towards growing markets underserved by other providers

Can't wait to see if/when they convert to REIT status.

Large growth Nationally and Internationally for Cell Towers, every cell service provider uses AMT's cell towers and is heads above competition for business and growth opportunity. Everyone says it will grow because of iphone 5 coming out, while this is true international opportunities is where this company will truly take off.

double bottom 8.22.11

So much debt. Price to Sales ratio of almost 10 and a 5Y growth rate of < 10%. Not undervalued.